Unique investment opportunity. 2 buildings. 311 is currently vacant but could be finished for a 4th rental unit. 311 1/2 is a 2BR/1BA apartment rented at $440/month. 313 is currently rented and operating as a hair salon at $350/month. 313 1/2 is a second 2BR, 1BA apartment rented at $550/month. This unit has had several nice recent upgrades. All electric. Landlord pays water/sewer. This is a great opportunity to start your investment journey or for the current investors, here's a money maker to add to your existing portfolio.
For sale
$79,900
311 & 313 Main St, Meredosia, IL 62665
4beds
2baths
3,100sqft
Est.:
Multi Family
Built in 1962
-- sqft lot
$-- Zestimate®
$26/sqft
$-- HOA
What's special
- 35 days
- on Zillow |
- 244 |
- 8 |
Zillow last checked: 7 hours ago
Listing updated: August 03, 2025 at 01:01pm
Listed by:
Amy Hageman 217-473-1546,
The Real Estate Group, Inc.
Source: RMLS Alliance,MLS#: CA1037653
Originating MLS: Capital Area Association of Realtors

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Baseboard, Electric
Appliances
- Included: Electric Water Heater, Dryer, Range, Refrigerator, Washer, Water Heater
- Laundry: Units Hook-Ups
Features
- Basement: Cellar,Crawl Space
Interior area
- Total structure area: 3,100
- Total interior livable area: 3,100 sqft
Property
Parking
- Total spaces: 8
- Parking features: Detached, On Street
- Has uncovered spaces: Yes
Lot
- Size: 4,800 Square Feet
- Dimensions: 40 x 120
- Features: Level
Details
- Additional parcels included: 0122113017
- Parcel number: 0122113016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
- Roof: Composition
Condition
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Meredosia
Financial & listing details
- Price per square foot: $26/sqft
- Annual tax amount: $1,412
- Date on market: 7/7/2025
- Tenant pays: Electricity, Trash Collection
- Road surface type: Paved
- Loading